Motor Trade Insurance

Motor trade insurance can cover your building premises, equipment and tools against accidents like fire, theft, or vandalism.

This insurance covers you for moving or driving your customer’s car. Giving you and your customers peace of mind.

Comprehensive cover for your business vehicles can help you work more flexibly without risking driving uninsured.

You will need the necessary insurance to legally drive vehicles as part of your motor trade operations. Otherwise, you could face fines or even business closure for driving without insurance.

Road risk insurance allows motor traders to legally drive customer vehicles on public roads. Coverage levels include comprehensive, third party, theft and fire, and third party only cover. 

This combines road risk insurance with other coverage that protects motor trade businesses. Business premises, public liability, and tools and equipment coverage are just some of the options available on combined motor trade insurance policies. 

Some insurers will let you transfer your personal no-claims bonus to your motor trade insurance policy. So you can save with a no-claims discount.

Choosing a higher voluntary excess can lower your premium. Just make sure you can afford to pay the amount if you need to make a claim.

Improving the security at your premises can reduce your premium. You can do this by installing alarms or CCTV to deter theft and vandalism.

Buying the cover needed for motor trade businesses separately can be more expensive. Consider bundling these into one combined motor trade insurance policy. 

Avoid coverage you don’t need. Additional cover or unnecessary add-ons can increase your motor trade insurance premiums.

Pay your policy annually if you can. Monthly instalments might feel cheaper, but admin fees and interest usually mean you pay more overall.

Comparing motor trade insurance online could help you find some of the cheapest deals. At Quotezone you can quickly compare policies from a wide range of trusted UK motor insurers.